The USD/JPY currency pair has been a focal point for many traders and investors due to its significant role in the forex market. As of now, the pair is trading at 159.64, and the prevailing trend appears to be bearish. This movement suggests that...
Analysing Crude Oil Price Action The present analysis of the Crude Oil price behaviour is subject to discussion. Since trading opened today in the Asian and European sessions, WTI crude oil has risen by about 51 points. However, this is a temporary...
In forex trading, a bearish pattern indicates the possibility of a reversal from an uptrend to a downtrend or confirmation of a continued downtrend. Here are some common causes of a recession. 1. Recession scope planning A two-candle model with the...
Gold Price Move The price action analysis of the Gold is what we will be discussing today. The bearish trend will likely persist, with only a minor upward zigzag likely, targeting 2339. With the opening of the American market, the price might start...
The Australian currency is currently hovering around $0.6655, showing a neutral trend in the foreign exchange market. This is evident on daily charts, where the AUD/USD pair is stuck within a rectangular pattern, indicating a consolidation rather...